The Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) announced increased limits for mobile money holdings and recharges in Senegal, effective November 2, 2026. The new regulations, outlined in Instruction n°20 published on October 8, 2026, will allow customers to hold up to 4 million FCFA on their accounts with a single electronic money issuer, doubling the current 2 million FCFA limit. Monthly recharge limits will also increase from 10 million to 15 million FCFA. This change directly affects mobile money operators like Wave and Orange Money operating in Senegal. Customers with accounts on multiple platforms, such as both Wave and Orange Money, can benefit from the increased limits on each account. The BCEAO will allow clients to exceed these limits with prior authorization, contingent on robust risk management and operational monitoring. The move is intended to provide greater flexibility for individuals and businesses utilizing mobile money in Senegal.